Long term giving

SUNDAY TIMES GIVING LIST 2016

The 15th annual Giving List is published by The Sunday Times, in association with CAF, and provides the leading measure of charitable giving among those featured in the new edition of the Rich List. The list is dominated by billionaires, entrepreneurs and celebrities.

RECORD NUMBERS IN THE MILLION POUND DONORS CLUB

Just under one in five (178) of all those in The Sunday Times Rich List have donated at least £1m to charity in the past year.

The Giving List is topped for the third successive year by Lord Sainsbury and family. They generated £220.5m for charity; 40% of the family’s residual wealth.

The billionaires and entrepreneurs

There are 32 billionaires among this year’s top 200 givers. Among them Alisher Usmanov, the second largest shareholder in Arsenal football club, has donated more than £100m in the past year.

Sir Ian Wood has given £5m and pledged £25m to Opportunity North East (ONE). ONE is a new economic development body founded by Sir Ian to help north-east Scotland ride out the current downturn in the oil and gas industry. He gifted £14m to his Wood Foundation charity in the past year, which in turn made donations of £18.8m.

FROM THE OLDEST…

You’re never too old to give. Sir Mike Uren, now aged 92, has stepped up his giving in the past few years. Imperial College London has gained most from his generosity with a £40m commitment.

Among the top 25 donors, the most popular time of life at which to give was between 69- and 79-years-old with 52% of the top 25 falling into this age bracket.

…TO THE YOUNGEST - THE CELEBRITIES

This category was dominated by the music industry and sports stars.

One Direction led the way with more than £842,000 gifted to charity in the past year. This included £480,000 to the Believe in Magic charity for seriously and terminally ill children and more than £81,000 distributed from ticket sales for their tour, split among several charities.

It’s an approach also being adopted by the World No 3 golfer, Rory McIlroy, whose personal foundation is hosting the Irish Open at the K Club in Co Kildare in May. A slice of the ticket revenue from the event will go to the Rory McIlroy Foundation.

David Beckham generated a huge amount in the first year of his 7: The David Beckham Unicef Fund. Founded with a fundraising target of £7m, he managed to raise £5m in the first year alone.

John Low, chief executive of CAF, said: “Young people are the future of giving and the celebrities many people look up to can play a massive role in setting an example and showing how rewarding it is to give.”

You don’t have to be on the Rich List to make a difference

You don’t have to be as rich as those on the Rich List to make a difference. The CAF Charity Account can help you plan your giving